Robert Kiyosaki, author of the financial literacy book Rich Dad Poor Dad, says: sold According to his latest social media posts, he owned a total of $2.25 million worth of Bitcoin.
Kiyosaki claims he bought these Bitcoins several years ago for $6,000 each. Therefore, his purchase price was much lower than the sale price, resulting in a large profit.
The controversial expert says he sold his Bitcoins for “about $90,000” per coin.
Kiyosaki’s next move
He used the proceeds from selling Bitcoin to purchase two surgery centers. Financial commentators were also investing in the billboard business.
Kiyosaki, who infamously filed for bankruptcy in October 2012, believes these new businesses will generate about $27,500 a month in tax-free income by next February.
This is positive cash flow, meaning that income exceeds the operating costs of these businesses.
Future Bitcoin Plan
Kizaki’s decision to jump ship may seem surprising considering what came before. predicted He predicted that the price of Bitcoin could soar to $250,000. Earlier this month, he said he continued to buy Bitcoin and Ethereum following the market correction, predicting “huge riches.”
Despite the selloff, Kiyosaki remains bullish on Bitcoin. He plans to use the cash flow from his new business to buy more Bitcoin in the future.
This cryptocurrency is currently trading at $84,475 and has experienced significant volatility. Earlier today, it briefly fell below $81,000 on the Bitstamp exchange.
